Prime Minister Narendra Modi concluded a two-day visit to Malaysia, during which India and Malaysia announced initiatives to strengthen cooperation in defence, trade, semiconductors, digital payments, education, culture and security, further deepening their Comprehensive Strategic Partner
Jaipur (Rajasthan) [India], February 7: Transcorp International Limited has received in-principle approval from the Reserve Bank of India (RBI) for participation in Centralized Payment Systems (CPS), marking a significant development in its banking services infrastructure. The CPS authorisat
In the competitive landscape of Indian fintech, where "growth at any cost" was previously a dominant industry focus, PhonePe appears to be charting a distinct course: a strategic focus on sustainable profitability alongside growth.
India and the Member States of the League of Arab States (LAS) have agreed to significantly deepen their strategic partnership under the Executive Program of the India-Arab Cooperation Forum, 2026-2028, with an ambitious target of doubling bilateral trade to USD 500 billion by 2030, up fr
New Delhi [India], January 31: India has witnessed a remarkable shift toward digital payments in recent years, and UPI has emerged as the most preferred method for everyday transactions. The Unified Payments Interface, or UPI, allows users to send and receive money quickly, securely, and con
New Delhi [India], January 29: Chennai-based fintech firm Paysharp has secured the Reserve Bank of India's Payment Aggregator-Physical (PA-P) licence on 21 January 2026, marking a key milestone in the company's regulatory journey. Earlier, in August 2024, the company had obtained the RBI's P
Paytm on Friday said it expects any impact arising from the conclusion of the RBI's Payment Infrastructure Development Fund (PIDF) scheme to be meaningfully offset over time through higher revenues and more targeted sales execution.
Monthly transactions on the BHIM Payments App rose more than fourfold in calendar year 2025 to 165.1 million in December from 38.97 million in January, reflecting higher adoption of digital payments across user segments following the launch of BHIM 3.0, according to data released on Tuesd
Singapore, January 21: MAMA AWARDS, the world's No.1 K-pop awards, made its return to Hong Kong in 2025 and Visa, a global leader in digital payments, led its comeback as title sponsor. Building on the success of this collaboration, Visa will renew its partnership with South Korea's leading
Muscat [Oman], January 19: Global Money Exchange Co. LLC (GMEC), Oman's leading money exchange company, today announced the launch of Global Pay, its new mobile application powered by Comviva's mobiquity® Pay platform. This launch aligns with Oman's national digital transformation vision and
Singapore, January 15: Today, Visa, a world leader in digital payments, announced its support for Chinese Visa cardholders to pay with Apple Pay. Together with Apple, Visa will enable Chinese cardholders to add Visa cards[1] from participating banks to Apple Pay and make payments at overseas
Bengaluru (Karnataka) [India], January 13: Innoviti Technologies, India's leading payments-centric retail SaaS platform, has been granted a Certificate of Authorization by the Reserve Bank of India (RBI) to operate as a Payment Aggregator under the Payments and Settlement Systems Act, 2007.